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FOX Business
Nov 19, 2012 6:00pm EST
of egypt is actually trying to broker a peace deal between hamas and israel. we hear today that the israeli cabinet was voting on a plan with egyptian president lamb. as dangerous as the situation is, i think it at the end of the day, nobody wants a serious war. that is why i think oil traders will think we will pull back it seems like i was more focused today. we took a deep breath as we got through the weekend. i think there is hope that a cease-fire would get back in place. but i think it is tenuous. especially with iran and al qaeda. gerri: katiemac, what do you think? >> i don't think they want a peace agreement until they knock out the rockets. they want the option of a preemptive strike. had they have they retaliate? unleashing 10,000 missiles against israel in a garage they can defend. that is why so important. gerri: where are oil prices going? >> going higher for the rest of the year. especially if we plan for the fiscal cliff. right now the market is going to start focusing more on the value of the dollar currency. the interesting thing is watching the president is doing. after h
Search Results 0 to 1 of about 2 (some duplicates have been removed)